The Economic Problems in Argentina: Inflation, Exchange Rates, and Corruption

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This chapter delves into the current economic situation in Argentina, with a particular focus on the rampant inflation that affects all aspects of life for its citizens. It explores the existence of multiple exchange rates, a dual monetary system, and the presence of a significant black market for dollars. The chapter also discusses the actions taken by the government to address these issues, highlighting their short-term fixes and the underlying structural problems that remain unaddressed.

That’s what voters are trying to figure out as they prepare for this weekend’s runoff election between Peronist insider Sergio Massa and unorthodox economist Javier Milei. The Economist’s Ana Lankes previews Argentina’s unusual presidential contest.

This episode was produced by Jon Ehrens, edited by Matt Collette, fact-checked by Laura Bullard, engineered by David Herman, and hosted by Noel King.

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